Change TIN after form has been sent to IRS

To change any of the following; TIN, TIN Type, Name, and/or address for a taxpayer, after a form has been sent to the IRS, follow these steps:

1. Create a new TIN/TIN Type record via the VCM transaction or a direct table updates to the 1099I table.

2. Find the record on 1042I with the old TIN. Update the 1042I record with the new TIN and/or TIN Type and Save.

3. Go to the 1042R table and search for the record to correct. Click the Apply Corrections link and add text to the Comment field. Select OK. When OK is selected, the record should be saved and the new TIN is inferred from 1042I.

Follow the same steps above to change the name and/or address for a taxpayer.